After staying in the declining direction during the past eight days, Trump may have reached $ 25, according to analysts.
According to And analyzer Andrew Kang, who owns more than 354 kV, has the official Trump (TrumpIt is possible that it will reach its bottom at $ 25 on January 27. He pointed out that this represents a decrease of approximately 68 % of its highest level ever at $ 73.43, which was reached on January 19, just one day before Donald Trump's inauguration.
The analyst was based on his analysis on the Trump chart for 4 hours, which showed a body and reverse momentum, while finding Trump at $ 25.
In addition, Kang believes that the Meme coin has occupied the relatively low market for a symbol associated with US President Donald Trump.
The analyst pointed out that "the market ceiling is hardly 6 billion dollars for a more known brand than ethereum."
The commentator on the market, "Captain Vibik", repeated a similar opinion, noting that Trump has formed a bullish pattern that could likely end his landmark.
On the graph for 4 hours, it appears that Trump has broken the fall of the fall of the fall, a sign of a strong upscale reflection in the technical analysis.
The trader is now expecting that the Mimi currency will recover by 105 % from 27 dollars, which is the level in which the pattern was broken.
It was launched on January 17 by Trump as a honor for himself before his inauguration, The mem currency increased To the highest level ever reached $ 73.43 in about 48 hours, while the maximum market exceeded $ 14.5 billion.
However, she has Since a decrease of about 60 % To stabilize the support level of $ 25, while its market value reached $ 5.8 billion, as it was placed in its position as the 31 largest in the market.
The market trends support the ups of Trump
The demand for Trump increased among derivative derivatives, with Coinglass Data Show a 15 % daily increase in open interest in the future contract market, which is now $ 939 million. The rise in open interest usually indicates the increasing market participation and upward feeling, indicating that new money flows to the Trump market and enhancing the continuous progressive price movement.
The whales have also been interested in Trump during the past few days after that before Emptying holdingsThe whales returned to Trump, where the money revolves from other assets to the Mimin.
According to To Crypto Market, Martyplement, a previously bought whale of $ 23.4 million from Trump and sold symbols at the peak for $ 38 million, started the accumulation of the MIM coin again.
The whale whale has placed on the series many large transactions in the past 24 hours. It is worth noting Sagittarius whale and Whale Buy 371.41 km and 12.92 thousand dollars of Trams codes, respectively.
Earlier, another whale was seen buying $ 29.6 million in Crypto Exchando Crypto.com. (see below.)
Another positive indicator that supports the upscale novel about Trump is the relative strength indicator on one day graph, which reached 39, is about to reach the levels of sale. At this level, assets often face a possible reflection as buyers intervene, which causes the price up.
At the time of the press, Trump rose 13.7 %, as it was traded at $ 29.35 per currency.
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